Bristow Group Inc (BRS) Shares Bought by Wolverine Asset Management LLC
Wolverine Asset Management LLC boosted its stake in shares of Bristow Group Inc (NYSE:BRS) by 1,537.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 149,100 shares of the oil and gas company’s stock after purchasing an additional 139,993 shares during the period. Wolverine Asset Management LLC’s holdings in Bristow Group were worth $2,008,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in BRS. Public Employees Retirement System of Ohio grew its position in Bristow Group by 4.5% during the second quarter. Public Employees Retirement System of Ohio now owns 14,584 shares of the oil and gas company’s stock valued at $112,000 after purchasing an additional 634 shares in the last quarter. Voya Investment Management LLC grew its position in Bristow Group by 21.9% during the second quarter. Voya Investment Management LLC now owns 16,965 shares of the oil and gas company’s stock valued at $130,000 after purchasing an additional 3,043 shares in the last quarter. Raymond James Financial Services Advisors Inc. purchased a new position in Bristow Group during the fourth quarter valued at approximately $146,000. Crossmark Global Holdings Inc. purchased a new position in Bristow Group during the third quarter valued at approximately $167,000. Finally, Aperio Group LLC grew its position in Bristow Group by 71.8% during the third quarter. Aperio Group LLC now owns 20,170 shares of the oil and gas company’s stock valued at $189,000 after purchasing an additional 8,433 shares in the last quarter.
Shares of Bristow Group Inc (NYSE BRS) opened at $14.12 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.45 and a quick ratio of 1.09. Bristow Group Inc has a 1 year low of $6.21 and a 1 year high of $17.35.
BRS has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Bristow Group from a “sell” rating to a “hold” rating in a research report on Monday, November 13th. Barclays boosted their price objective on shares of Bristow Group from $10.00 to $16.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 14th. Finally, Credit Suisse Group boosted their price objective on shares of Bristow Group from $8.00 to $14.00 and gave the company a “neutral” rating in a research report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Bristow Group has an average rating of “Hold” and an average target price of $13.25.
Bristow Group Company Profile
Bristow Group Inc is an industrial aviation services provider and helicopter service provider to the offshore energy industry. The Industrial Aviation Services segment’s operations are conducted primarily through four regions: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region consists of all its operations and affiliates in Europe and Central Asia, including Norway, the United Kingdom and Turkmenistan.
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